business math

posted by Anonymous

On May 1, Emerson Fast bought 10 Manitoba On May 1, Emerson Fast bought 10 Manitoba Polar bonds with a coupon rate of 7.875%. The
purchase price was $101. 375, and the commission was $8 per bond. Manitoba Polar bonds pay
interest on April 1 and October 1.
Polar bonds with a coupon rate of 7.875%. The
purchase price was $101. 375, and the commission was $8 per bond. Manitoba Polar bonds pay
interest on April 1 and October 1.

how do you find the time for the bond?

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